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talking about, that puts america in a more precarious situation. and i think tim geithner should be doing the opposite. no matter what happens on august 2nd there will not be a default. they will pay the creditors and full faith and credit of the u.s. government will be in fact and he's doing the opposite for political gain. i think the issue whether the rating agencies downgrade or not is beside the point. the worry that i have, stuart, is that if we pass a debt ceiling negotiation, that is not something that the-- international investors believe is serious about bringing this debt down, i think that's what could trigger a run on the dollar, an increase in the price of gold and an increase in
believe the august 2 deadline this doubles by secretary of the treasury tim geithner is a real deadline? if you were to describe your -- to your constituents and condin kentucky what the consequences would be if we did not reach the debt ceiling? >> ultimately, if a country's keeps spending more than it takes in, about the deadline, it has been moved three or four months and there is already rumors from the of ministration they could move it again. the real thing is that people need to realize we bring about -- we bring in about $200 billion of revenue every month that we spend about 20 billion on interest. there are plenty -- there's plenty of tax revenue to keep paying our debt of our taxes and never default. i'd the responsible thing for the president to do is to take off the table and say we won't default and we will continue to bear interest matter what because we want to keep our good credit rating. we think it is inappropriate and right thing to do. >> the presence of a press conference today that there would be significant things that the united states government could not do if
another dire warning from treasury secretary tim geithner on the risk of default on august 2nd. plus an amazing moment in live television from our friends at the bbc. oops, that guest isn't who we thought he was, let's hammer him with questions about another topic anyway. great clip a little later. >>> first let's get to the news live at 5:30 at 30 rock. breaking news right off the top. news international now confirming that rebekah brooks, the woman in the middle of the picture there, has resigned as ceo of the company in the wake of the newspaper hacking case involving the now defunct "news of the world" tabloid. she had been heading the british arm of rupe mert murdoch's news corp media division. this comes as murdoch makes his first comments on the scandal, sparking investigations on both sides of the atlantic. speaking the the "wall street journal" which is owned by news corp, murdoch says his company handled the crisis, quote, extremely well in every possible way, making just minor mistakes. that's the word of rupert murdoch. he also confirmed he and his son james will appear b
. a couple of questions. >> do you believe the deadline established by tim geithner is a real deadline and if you're going to describe to your constituents in kentucky the damage that are going to be done if the united states were mixed and fall into default, which tell the men do you believe there would be significant economic consequences as president obama said this week? >> ultimately, if a country keep spending more than it takes an, as to borrow more money. what i would say about the deadline is it the -- the deadline has already been moved three or four months and they could move again. the real thing people need to realize is that we bring in about $200 billion in revenue and spend about $20 billion on interest. there is plenty of tax revenue to pay the interest on our debt and never default. the responsible thing from the press -- for the president to do is to take off the table and say we will not default. we think it is the appropriate right thing to do. >> let me follow-up on that. the president said at a press conference today and there is a bipartisan commission on this t
kosinski. >>> next, tim geithner says he is in charge of the u.s. economy for now, but should he? stay with us. this is my band from the 80's, looker. hair and mascara, a lethal combo. i'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. from allstate. you'll never pay a dime unless you use it and it's open to everyone. now, help is never far away. register now at allstate.com/roadside. ♪ is best absorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. >>> despite his words to the contrary, words from the secretary treasury to step down are domina
-- there still will be revenue coming in on august 2 in the treasury. it may require tim geithner to make decisions on who gets paid for spurted i would like to think the administration will to pay thehave bondholders verse. i assume all of you have some kind of 401k. local governments have all kind local governments have all kind of -- meet bond obligations first and you start going down to social security, our troops, and you make sure that they get paid first. at some point, it may mean that people work and the federal government and bureaucrats who work here have to wait awhile. >> social security payments are made of the third of everybody. the bipartisan policy center did an analysis of august 3 and what happens if the debt ceiling is not raised. we have an income of $12 billion of revenue coming in and $32 billion in committed spending on august 3. $23 billion of that is so security and that assumes you pay the bondholders first. how will you explain to constituents that a bond holder got paid first but they did not get their social carry payments? >> i understand we have social se
maneuvering. he has been on tv and he has been having his sordid c'mon tim geithner, come out and talk. -- his surrogates, tim geithner, come out and talk. he has been on tv saying that he has bent over backwards. and you guys have to give something, too. that message is starting to come out. the american people are starting to understand that republican intransigence is the issue. >> the tea party members think that if there is a default it will help them. >> exactly, and they are among what is being dubbed as the " heck no!" conference. they are saying that the default does not matter. if you run out of money on your credit card you do not ask for an extension. you pay what is there. -- they areying saying that the dire consequences are being oversold by the president. >> you are watching bbc world news america. still to come on tonight's program, dropped as far as the eye can see. the world is being asked to help kenya. queen elizabeth has paid tribute to the code breakers who worked at let me park in england during world war ii. they cracked the german code. >> there were some of the darke
a government shutdown so much as a default on the nation's debt. tim geithner said if congress does notot act by august 2 the nation defaults. >> and they were concerned it would lead to a shutdown if the government decides they cannot come to an agreement. >> you will see some functions of the government shut down a little bit. i think what you really have going on here is a much, much bigger issue -- >> is not all about us? >> what you will likely see happen is a short-term fix before there is a big deal. >> letet me look at the latest numbers. before, we were told we were past the deadline, and secretary tim geithner said the real deadline is august 2. now, this week, the white house is saying the real deadline is july 22 because we need time to write the legislation after it passes. which is it? >> this is sort of like -- i am going to count to 3, 4 5 6 and the 7. >> you made me nervous talking about the president and his daughters. >> at any rate, at some point it becomes a problem. >> you get the sense that congress is taking an august 2 deadline pretty seriously. >> i think the way to
's point man treasurey secretary tim geithner and the president tells congress to come up with its own plann. and the republicans are making an offer democrat can refuse. we'll find out before the financial markets open in asia from the top public negotiator speaker john boehner. geithner and boehner on fox news sunday. what happens if there is no deal? will there be a market melt down. we'll ask the sunday panel about the political and policy realities. all right now on fox news sunday. hello again from fox news in washington. it is nine days and counting until the u.s. hits the debt limitt. can the nation's leaders come up with a last ditch plan to raise the debt ceiling. we'll talk to john boehner in a moment. treasury geithner, welcome to fox news sunday. >> good to see you, chris. >> chris: congressional republicans are working on a two-stage man to cut spending right away and raise the debt ceiling next year and then a mechanism for more cuts if approved the debt ceiling would be raised in, will the president pass that into law? >> we have to lift the default from the economy. fo
for country? it's better if for the country to go to default and see consequences that tim geithner laid out in the last several months? how serious is the president. >> you aresying kick the can down the road one more time. and if you don't. >> i'm not arguing for. that. i'm saying as a measure of what the president thinks, the republicans don't go to his arbitrary timetable, which i don't think he would, he is willing to take the country off the cliff. >> this is a president that kicked the can for two years. all of a sudden has to decide it has to be long-term. you know what his deaf six of long-term is? the day after election day. anything shorter is short-term because it would hurt him politically. this has nothing to do with. >> one last thing. i know you're in a rush to go. >> we have another panel on this. >> okay. >> bret: you know what? i'll tease it. tease the one last point. >> nobody is turning. >> nobody is turning. >> bret: stay here also get a free flight. you know that comes with a private island. really? no. it comes with a hat. you see, airline credit cards promise flights
news sunday" is up next. chris wallace has two can't-miss interviews treasury secretary tim geithner and speaker of the house john boehner. >> chris: i'm chris wallace. it's the dog days of summer in washington. and the grand bargain has now become the great divide. as the debt ceiling deadline draws near. can default be avoided. is an agreement still possible? we will sit down with the administration's point man treasury secretary tim geithner. and then the president tells congress to come up with its own plan. but republicans are making an offer democrats can refuse. we'll find out what the g.o.p. plans to do before the financial markets open in asia from the top republican negotiator. speaker of the house john boehner. geithner and boehner only on "fox news sunday." plus, what happens if there is no deal? will will -- will there be a market meltdown? who will be to blame. we will ask the sunday panel about the policy realities all right now on "fox news sunday." captions by closed captioning services >> chris: hello again from fox news washington. it's now fine days and counting u
. that is a new look where we are awaiting statement by treasury secretary tim geithner. this ahead of another round of talks on spending cuts and increasing the debt limit at the white house. neal boortz joins me now. we are waiting for tim geithner to come out. he has not been shy about painting the worst case scenario recently. he called it catastrophic if the debt ceiling isn't raids. what do you think he will say today? >> this has been their tactic for a couple days now. they have somebody step out, tell everybody how terrible things will be, then they go into the negotiations. i don't think it is all -- alisyn: just as an example. you have gave me a perfect opening. i want to play something senator chuck schumer said earlier today about what he thinks this doomsday scenario would look like. let's listen. >> we don't have a dime for student loans in august, when so many millions of american kids are planning to go back to college. we don't have money for the fbi, we don't have money for cancer research, i.r.s. refunds, border patrol, there would be none of that. if you are going to fully
. >> the political leaders remain far apart. uncle sam reaches his credit limit on august 2. tim geithner says the deal has to be done this week. >> tim pawlenty spoke today on "meet the press." he criticized the obama administration for the economy and discussed his campaign. >> he was blaming president bush, the weather, republicans. we're almost three years into this administration. president obama should look in the mirror to see who is to blame for the economy. if you want somebody has executive leadership with results, and then vote for me. >> he says the debt ceiling crisis is one symptom of much larger problems in washington. ticket reservations for the september 11 memorial and the world trade center will become available soon. starting tomorrow, people who want to visit will be able to reserve tickets over the internet. visitors will have to reserve a specific entry time to the memorial. it can accommodate 1500 people at a time. it opens on monday, september 12. >> another earthquake rocked japan. the royal couple wraps up their visit to the u.s. we will tell you how they're spending
has been working on it for months. here is tim geithner. >> here we are 7 months later, we are running out of runway. i never thought they would take it this close to the edge and let politics get in the way of not paying our bills on time. >> reporter: other bit of concern when the white house it has been this much politics in 2011, there will be more politics in 2012 why they are going to need some kind of plan that will carry the nation's debt through the election next year into early 2013. >> gregg: speaker john boehner has been talking about a two stage process. what is the white house saying about that. isn't bill daley shooting that one down? >> it's interesting from the beginning, president obama has said he would like a big plan in terms of making substantial cuts to show we are serious about cutting the deficit. he would also like us to carry the nation through the 2012 election, but today the white house chief of staff was asked about the two-stage or two-tier plan. here is how he responded. >> if there are two steps fine, but do not of a step in the second part that lets th
meetings without movement. the administration's take from treasury secretary, tim geithner. >> it's unthinking the country would not meet its obligation on time. >> then, senior democratic senator, diane feinstein. presidential politics with governor tim pawlenty in iowa doing what it takes. >> he's the president. come on out to the lawn of the white house or the microphone and tell us your plan on entitlement reform, and he won't indict because he doesn't have the courage to do it. >> i am candy crowley, and this is "state of the union." late into the night, leaders on capitol hill scrambled to put together a last-minute debt deal, now being considered a two-step plan that would raise the debt ceiling through 2011 in exchange for a trillion dollars in spending cuts. both sides are onboard. but the hang-up is the second increase that will be needed in 2012. before that happens republicans want a special commission to outline future reductions. a no-go at the white house. i spoke with treasury secretary, tim geithner, earlier. >> thank you so much for joining us. >> nice to see you
, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from something that is not formally put on the table. there was some talk of moving them to camp david over the weekend, but there is no question that the talks will continue over the weekend, but it depends on the venue. john boehner is the first through a spokesman who said it is not a good idea, and something they are not necessaril
alternatives. >> smoke and mirrors, the fault. >> tim geithner insists both sides want to reach an agreement. >> we are a country that meets its obligations that pay czar bills. >> the white house as tomorrow is make or break day for a deal. democrats are willing -- republicans will not even talk about taxes on the wealthy. >>> weekly jobless claims showed a small step toward a recovering economy. fewer americans applied for unemployment benefits last week. the claims dropped by 22,000, the lowest level in three months. >>> we're following a breaking story where a police officer has been indicted on sexual assault charges. larry seay is accused of sexually abusing three women while on duty. he was in full uniform and used his service gun to force the women to perform sex acts. you can look for more on this story tonight at 11:00. >>> john edwards will face a trial in october. in north carolina federal judge tentatively set an october trial date. last month, the former u.s. senator pleaded not guilty to six felony charges. he has already been indicted by a north carolina grand jury. >>> still
with it? i think he would have! >> i do not believe the cuts would have been real. i think tim geithner wants real cuts. i think obama politically wants fake cuts. i think you get the tax increase, and then all the cuts would evaporate at the end of the day. >> how serious is that dispute? is geithner on his way out? >> i don't know about that. >> he said he will leave and he would not say he would stay until. end of the term, just for the foreseeable future. so i believe he's definitely going to leave. >> so he was told by the white house chief of staff it's time for are for you to move on? >> no, no. they can't get him a replacement. talk [everyone talking at once] >> he's been told his time is up. >> you couldn't get a new secretary of the treasury through! >> what about the former governor of new jersey? >> you mean former governor of jersey the -- >> come on! >> jon corzine! >> gold is goldman sachs! is this legislation or reasonable facsimile gets passed by both houses of congress, will it be an historic event, pat. >> i think if they got the obama big deal be historic. i don't th
. >>> tim geithner says he will remain treasury secretary for the foreseeable future. the report said he will lead the of ministration following talks on raising the debt ceiling. the minister of the state government has shut down talks between the governor and -- the minnesota state government has shut down talks between the governor and legislature. the state parks and the minnesota zoo will be closed for the weekend and no new fishing licenses. the agriculture department says the nation's farmers have planted the second-largest corn crop in the last 70 years for the news is driving down the price of corn futures and potentially food prices. smaller regional chains are better than nationally known giants. in the new ranking of fast-food restaurants, mcdonald's burgers came in dead last and the survey said in and out birders have the best one and check fell i had the best chicken and chipotle had the best mexican. >> thank you. >> time for traffic and weather and adam caskey will tell us about the weekend. >>> it is typical for the july weather in washington. it is comfortable but it wi
of that meeting was that they decided not to meet today. the treasury secretary tim geithner said he has an august 2 deadline for lawmakers to come up with a plan. he says he cannot give congress any more time for that plan. that is in three weeks they have to figure out what to do with this deficit or the country will default on its debt. that means they will have to go back to the table to discuss what kind of programs that will end up funding and what kind of programs they might end up not funding which may include social security veterans' benefits, and troop salaries. the country will bring in over $170 billion next month but that will have a debt of $300 billion. this need to get done and the president will have that news conference later this morning. it will be held at 11:00. >> the pressure is on. abc will be carrying the presidential news conference live. you can watch it right here on abc 7 starting at 11:00 a.m. >>> in boston, investigators are searching for answers every runway collision at logan airport. officials said a delta airlines jet bound for amsterdam clip to the tale of a re
.ryhd >> but democrats are saying, and you heard this implied by tim geithner just before you that you end up looking badyou with voters because you walked out of the talks twice and youot are willing to risk defaultt t because you want to cutre medicare and medicaid toct protect the tax cuts for the wealthy. >> well, i am not going to getet involved in all of that political sniping. i am interested in a solution to the problem that we face. i don't want to see default. i don't want -- i don't thinki we want to get anywhere close to to it.here >> are you close to it now. >> we are bad for our economy we and bad for our country. b and so i am trying to find a common ground that is doableound in the time we have remaining. >> and let me just ask you and it is the last question, how qut disappointed are you?apd ar according to your plan as weacc understand now, and it mayderstw change, a trillion dollars in spending cuts in thepend short-term? short-ter how disappointed are you that after months otef talking after this urgent deadline that it i seems now that maybe the mostst that washington can come up
out of capitol hill. treasure secretary tim geithner saying moments ago he's sure america will not default of the august deadline. he's saying john boehner's two-tier plan does not have enough support to pass. >> it could spark a worldwide stock selloff starting tonight. peter doocy is live. >> reporter: geithner is basically saying if the markets open for the week and there's no deal on the horizon, some are worried there could be a complete financial melt down. our markets don't open until tomorrow. the asian markets open tonight. a senior republican congressional aid tells fox that both parties are looking at this, the two-tier plan that dpiet ner doesn't think has enough support. a debt ceiling increase that's smaller than that. at this point there would be no revenue increases. the hope is this deal will get us to next year. after that the second tier would be some kind of special committee with people from the house and the senate who would try to figure out more ways to cut the deficit. still, both parties today and yesterday sniping at each other with dueling state
, let's say weeks ago the secretary of the treasury, tim geithner, laid out a date. he said august 2 is a hard break deadline beyond which we can't extend our borrowing and our spending, and that the government will not be able to pay its bills and we'll have to default on our debt. that i think, madam speaker, is irresponsible statement on the part of the secretary of the treasury. we should keep in mind that his first boss is the president of the united states. so the things that come out of the mouth of the secretary of the treasury often reflect the best interests of the president and perhaps explicit or implied directive that comes from the president. and i happen to have this belief that when someone -- i happen to have this belief when someone goes to work for the president, their judgment becomes what they think the president would do if he happened to be doing their job. i have watched the transition of executive offices over the years in places like the governor's office in iowa where i come from, and serve in the iowa senate before i came here, i watched as the transition
, is tim geithner working on an exit strategy? leon panetta, the pentagon says hello to the new man in charge. plus education nation, education secretary arne duncan gets personal in aspen. >> lebron or kobe? >> kobe. good day, i'm andrea mitchell, live in aspen, and we begin with the bombshell that may blow up the sexual assault case against former imf chief dominique strauss-kahn. the da now says the accuser address m admits she lied about what happened after the attack. he was released on his own recognizance today and it could open the door to releasing the charges altogether. but her attorney says she stands by her story. >> the victim, from day one, has described a violent sexual assault that dominique strauss-kahn committed against her. she has described that sexual assault many times to the prosecutors and to me. and she has never once changed a single thing about that account. >> patently false. i think if he were being accurate, i don't think the district attorney's office would have moved to completely exonerate his bail. i think there's an agenda here, ours is to see tha
cantor necessarily shares that world view. >> we will be hearing from tim geithner, who is meeting with the democratic senate side today, the caucus lunch. he's going to come out and give the latest on the dire predictions of what is going to happen if they don't get something done in the next 19 days. >> right. he's going to talk about the effect it would have on the economy, on debt, on social security checks and whether they could go out to recipients. i have talked to enough house republicans about it. they don't buy it. they don't believe in these warnings about catastrophic consequences. they think that you can find the money to be able to fund things while a deal is worked out and even if things do go bad, they think it's worth it. they feel they have to have this fight. they talked about it in the campaign, many of them won elections because they promised not to increase taxes and to dramatically reduce the size of government. they think this is a crisis and they will use this opportunity to fight for that smaller government, even if there is a risk which at least privately
because of what tim geithner and ben bernanke said. >> i agree. >> the lobbyist and anti-tax -- in bed with each other. in bed with more washington lobbyists nan anyone else on the planet. how do you separate those two people? >> because the lobbyists want a complex tax code. conservatives want a simple low tax code. overtaxed, bring him on here. i want a simple -- >> what do you say -- of the complexity crowd, which is the banking, tax code crowd, the rett of it, can conservative leadership and for that matter we'll come back to that -- >> these industries don't want to pay taxes and people like grover will help the system -- >> they hide inside that rhetoric as way to, as a tax dodge. do you agree? your rhetoric can be exploited by human individuals and the tax code? >> that big business is looking for subsidies found an easier way to get the subsidies if in the form of tax credit. >> right. the whole gang stays. jonathan in d.c. coming up with the mega panel away from the economic debate to the associate debate and the role of city government relative to the federal government. one
of treasury tim geithner will be a guest on "meet the press" with david gregory, 10:30 right here on nbc 4. >>> a week's worth of memorial services are now in place for former first lady betty ford. the the first funeral service will be tuesday st. mark's episcopal church not far from the ford clinic. she will be flown to grand rapids, michigan where she will lie in repose at the museum named after her husband. and thursday a second will be hell at grace episcopal church before she is buried by her husband at gerald ford museum. she died at the age of 93. >>> the nation's housing market may be slumping, but this may be a great time to be a home owner in our area. we'll explain why. >> and the end of an era. the final headline from one of britain's most fam -dad, why are you getting that? -that's my cereal. is there a prize in there? oh, there's a prize, all right. is it a robot? no. is it a jet plane? nope. is it a dinosaur?] [ male announcer ] inside every box of heart healthy cheerios are those great tasting little o's made from carefully selected oats that c help lower cholesterol. stic
, predictions from the top report chris: welcome back. john, tell me something don't know. >> the tim geithner era looks like it's about to come to an end. seemed like the trezz victim will leave and there will be a big question about who's going to be the treasury secretary. the administration is looking at someone from the corporate sector who, a, will make business feel comfortable and b, telegraph the notion jobs are front and center. >> north carolina'ser skin bowles. >> certainly one serious candidate. cheryl sand burke, c.o.o. of facebook. chris: former boss at ge. >> here's a name you probably haven't heard of -- john mandell. but watch, he is challenging sherrod brown. he has a republican primary but he's likely to emerge from that. he's 33 years old. fund-raising numbers came out. he is out in ohio. he outraised brown by $800,000. he's a candidate that's been endorsed by jim demint, tea party, and also moderate republicans. that's my home state. chris: sherrod brown will kick his butt. your thoughts. >> the bounce out of new york with gay marriage is going to land in washington in da
and the august 2nd deadline is getting dangerously close. tim geithner expressed a sense of urgency of this moment. >> here we are seven months later. we are running out of runway. we are almost to the edge. i never thought they would take it this close to the edge and let politics get in the way of demonstrating that we will pay our bills on time. >> reporter: the wild card is if before august 2 the financial markets lose faith in washington get this done then there may be a real economic impact. mike emmanuel, fox news. >>> democratic majority leader harry reid is working on a $2.4 trillion debt increase that would last until 2013. house speaker john boehner is working on his own one trillion dollar increase and slightly more federal spending cuts over the shorter term. stay tuned for this one. >>> fopping developing in new york, weddings a -- developing in new york, weddings all over the state. gay marriage is legal there. same sex couples started lining up outside the borough hall in brooklyn overnight for the first chance to exchange vows at the stroke of midnight. the borough
secretary tim geithner was positive a deal will get done. >> and the leadership in the congress understand that. the speaker understands that. the republicans and democrats understand that. it has to be a deal. the question is how good a deal. >> reporter: the republican senator mitch mcconnell blamed the breakdown on the white house insistence on new tax revenue. >> it would require big tax increases in the middle of an economic situation that is extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: democratic congressman said republicans were at fault for refusing to budge on new revenue. >> at the end of the day what we are seeing is the priority of our republican colleagues is not to get a deficit reduction deal, it is to protect special interest tax break for big corporations. >> as the leaders come back to the white house for a second face-to-face meeting tonight, the only thing certain is that time is running out. >> i do believe that this week and certainly by the end of next week, we have to have agreement on the outlines
: adding to the drama, bloomberg reported that tim geithner is thinking about leaving his position after an agreement is reached. secretary geithner thinks there could be a window for him to leave if the economy continues to improve and if president obama approves his departure. that's too early though and that's a lot of if's, they say. >>> are you trying to throw hotdogs and burgers on the grill? we have apps to help your 4th of july sizzle. >> move over kid's menus. new items at fast food restaurants are for adults only. >>> also, we'll talk about sprucing up your home without breaking the bank. we'll be back. >>> tonight, if your goal for the weekend is to grill the perfect steak or burger, your smart phone may be the best help. we have grilling apps that really sizzle. >> reporter: summertime and the grilling is easy. that's if you use these apps. before you get the fire going, the ask the butcher app helps explain which cut is which. from the big grill maker, the weber app highlights hundreds of websites in addition to marinades and rubs. they also tell you which groceries to buy.
tim geithner said even a less comprehensive $2 trillion deal will require a lot of sacrifice. >> small deals are very tough, too. because it requires very difficult reforms, savings, cuts in things people depend on that matter. very hard to do a small deal, too. obviously we have to do something -- we have to find a way to pass an agreement but the president will keep working towards the largest possible deal we can do. the united states is not going to default. we are a country that pays our bills. we'll meet our obligations. the leadership in congress, republicans and democrats, house and senate, understand that. speaker boener to his credit said from the beginning we're not going to default as a country because he understands it would be catastrophic for the american economy. >> white house chief of staff bill daley says the president remains committed to a larger plan but he questions whether the question's leaders have the guts to do the tough things necessary to improve the economy. >> i do firmly believe one of the wet blankets on this economy and on companies, on the system rig
Search Results 0 to 49 of about 455 (some duplicates have been removed)